| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
AR3 Stock Overview
Australian Rare Earths Limited engages in the exploration and development of rare earths mineral resource opportunities in Australia.
Australian Rare Earths Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$0.43 |
| 52 Week High | AU$1.35 |
| 52 Week Low | AU$0.40 |
| Beta | 0 |
| 1 Month Change | -39.01% |
| 3 Month Change | -46.58% |
| 1 Year Change | n/a |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | -21.82% |
Recent News & Updates
We're Hopeful That Australian Rare Earths (ASX:AR3) Will Use Its Cash Wisely
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Shareholder Returns
| AR3 | AU Metals and Mining | AU Market | |
|---|---|---|---|
| 7D | -5.5% | 4.9% | 1.1% |
| 1Y | n/a | 5.2% | 1.5% |
Return vs Industry: Insufficient data to determine how AR3 performed against the Australian Metals and Mining industry.
Return vs Market: Insufficient data to determine how AR3 performed against the Australian Market.
Price Volatility
| AR3 volatility | |
|---|---|
| AR3 Average Weekly Movement | 8.7% |
| Metals and Mining Industry Average Movement | 11.1% |
| Market Average Movement | 9.5% |
| 10% most volatile stocks in AU Market | 16.5% |
| 10% least volatile stocks in AU Market | 4.3% |
Stable Share Price: AR3 is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: AR3's weekly volatility (9%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2019 | n/a | Don Hyma | https://www.ar3.com.au |
Australian Rare Earths Limited engages in the exploration and development of rare earths mineral resource opportunities in Australia. Its flagship project is the Koppamurra project located in South Australia and Victoria. The company was formerly known as Tawel Exploration Pty Ltd and changed its name to Australian Rare Earths Limited in March 2021.
Australian Rare Earths Fundamentals Summary
| AR3 fundamental statistics | |
|---|---|
| Market Cap | AU$49.41m |
| Earnings (TTM) | -AU$3.95m |
| Revenue (TTM) | n/a |
0.0x
P/S Ratio-12.1x
P/E RatioIs AR3 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| AR3 income statement (TTM) | |
|---|---|
| Revenue | AU$0 |
| Cost of Revenue | AU$0 |
| Gross Profit | AU$0 |
| Other Expenses | AU$3.95m |
| Earnings | -AU$3.95m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.036 |
| Gross Margin | 0.00% |
| Net Profit Margin | 0.00% |
| Debt/Equity Ratio | 0% |
How did AR3 perform over the long term?
See historical performance and comparisonFuture Growth
How is Australian Rare Earths forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-7.0%
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Australian Rare Earths has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Australian Rare Earths performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-1,224.8%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: AR3 is currently unprofitable.
Growing Profit Margin: AR3 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Unable to establish if AR3's year-on-year earnings growth rate was positive over the past 5 years as it has been trading publicly for less than 3 years.
Accelerating Growth: Unable to compare AR3's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AR3 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.8%).
Return on Equity
High ROE: AR3 has a negative Return on Equity (-36.33%), as it is currently unprofitable.
Financial Health
How is Australian Rare Earths's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: AR3's short term assets (A$8.9M) exceed its short term liabilities (A$581.8K).
Long Term Liabilities: AR3's short term assets (A$8.9M) exceed its long term liabilities (A$42.3K).
Debt to Equity History and Analysis
Debt Level: AR3 is debt free.
Reducing Debt: AR3 has not had any debt for past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AR3 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AR3 has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 122.3% each year.
Dividend
What is Australian Rare Earths's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate AR3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate AR3's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if AR3's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if AR3's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as AR3 has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
1.5yrs
Average management tenure
CEO
Don Hyma
0.58
Tenure
Mr. Donald Bruce Hyma also known as Don, BSc, MSc, PEng, IED, is Board Advisor at Caravel Minerals Limited since 2021. He served as Director of Projects at Fortescue Metals Group Limited since October 2019...
Leadership Team
Experienced Management: AR3's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Board Members
Experienced Board: AR3's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: AR3 only recently listed within the past 12 months.
Top Shareholders
Company Information
Australian Rare Earths Limited's employee growth, exchange listings and data sources
Key Information
- Name: Australian Rare Earths Limited
- Ticker: AR3
- Exchange: ASX
- Founded: 2019
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: AU$49.406m
- Shares outstanding: 111.02m
- Website: https://www.ar3.com.au
Location
- Australian Rare Earths Limited
- 111 Gawler Place
- Level 10
- Adelaide
- South Australia
- 5000
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/23 00:00 |
| End of Day Share Price | 2022/05/23 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.